This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

Booming High-End Retail, Slumping Low-End: StockTwits

The results showed that the budget retailer is still struggling to regain its footing after last year's data breach, which exposed millions of customers credit card numbers to hackers -- ultimately resulting in the resignation of Target's CEO Gregg Steinhafel. Target has also suffered from a disappointing Canadian launch, which led to the firing of Canadian operations head Tony Fisher on Tuesday. And if luxury retail results are any indication, Target may also be feeling the pinch of higher-end consumers trading up.

$TGT yep moving to Canada was a bad move which will keep on giivng? sort of a money pit

Though Target missed, results ultimately weren't as bad as most had predicted. The firing of Steinhafel and Fisher had many expecting a terrible quarter that would be blamed on the leadership -- or lack thereof -- of the two men. The stock is down nearly 6% since Target fired Steinhafel. It opened 0.6% higher Wednesday.

my 1st take on Target, more to come: Target?s Canadian sales surge in first quarter but loss widens http://stks.co/e0a2r$TGT